Orlando, FL -- (SBWIRE) -- 10/08/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Kraft Foods Group Inc (NASDAQ:KRFT), Applied Materials, Inc.(NASDAQ:AMAT).
Kraft Foods Group Inc (NASDAQ:KRFT) shares gained 1.18% to $53.85. The company on Oct. 1 announced that its Board of Directors approved a regular quarterly dividend of $0.525 per share of common stock, an increase of 5 percent versus the prior rate of $0.50 per share. This dividend is payable on Oct. 25, 2013 to shareholders of record as of Oct. 11, 2013. "We are out to consistently prove Kraft is the best investment in our industry," says Kraft CEO Tony Vernon. "Today's dividend increase reflects our commitment to return cash to our shareholders and is consistent with our plans to consistently grow our dividend at a mid-single digit rate over time."
Are investors worried about the recent updates with KRFT? Find out with a free trend analysis HERE
Applied Materials, Inc.(NASDAQ:AMAT) shares jumped 1.17% to $17.77. The company will buy rival Tokyo Electron Ltd in an all-share deal, creating a company with a combined stock market value of $29 billion, the two said on Sept. 24. The surprise move is expected to strengthen their position in a maturing industry where growth opportunities have become harder to find.
Additionally, the company on Sept. 9 announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company`s common stock. The dividend is payable on December 12, 2013 to stockholders of record as of November 21, 2013.
Is AMAT going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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